Daily Pivots: (S1) 1.2988; (P) 1.3019; (R1) 1.3055; More… USD/CAD’s strong break of 1.3082 confirms up trend resumption . Intraday bias is back on the upside. Next target is 100% projection of 1.2005 to 1.2947 Read more…
Dollar stays strong in early US session after release of another record print of PPI inflation. Buying of Dollar is currently concentrated again Yen and Canadian. But the moves in Aussie and European majors are Read more…
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In the Summer 2022 Economic Forecast, European Commission downgraded both 2022 and 2023 Eurozone GDP growth projections. Meanwhile, HICP inflation projections were upgraded for Eurozone in both years. . Eurozone GDP growth forecasts: 2022 at Read more…
Twitter’s micro-blogging platform suffered a major global outage Thursday. Updated at 9:17 am EST Twitter Inc. (TWTR) – Get Twitter Inc. Report suffered a major outage Thursday, blocking access to thousands of users, as the social Read more…
US PPI for final demand rose 1.1% mom in July, above expectation of 0.8% mom. For the 12-month period, PPI accelerated to a record 11.6% yoy, above expectation of 10.% yoy. PPI less foods, energy, Read more…
US initial jobless claims rose 9k to 244k in the week ending July 9, above expectation of 240k. Four-week moving average rose 3k to 236k. Continuing claims dropped -41k to 1331k in the week ending Read more…
Celsius Network was one of the first crypto lenders to prevent its customers from withdrawing their money last month. And another domino falls. After Voyager Digital, another prominent crypto lender has just laid gone down, Read more…
Illustration by Alex Castro / The Verge Voice control, larger text, and other assistive features Continue reading…
…the key question is: will there be a more pronounced breakdown of parity first, before it bottoms out? Calling the low on the EUR/USD has not been fun for anyone that has attempted it. Luckily, Read more…